yearly savings plan

benjamin

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I started this last year, every day or at least every other day I would throw any singles or left over bills from the day in a plastic bag in my shoe box and when I fist started doing it it started off slow but within a month I was able to save over $200 just by putting away at least anywhere from $5-$10 a day...after doing this for all of 2015, on January 1st 2016 I deposited $2300 into my savings from money I wasn't even really thinking about, crazy how fast it builds up....

2 weeks ago I started again for 2016 and already got $220 saved...it takes discipline but it's fun to see it grow. I still put away $200 a paycheck, this is just a hobby...learning to save is a good habit.

So far got over $200....
20160120_153245.jpg



If you got tips on saving, I'd like to know how much you usually put up and how often?
 

BaldingSoHard

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I was able to save over $200 just by putting away at least anywhere from $5-$10 a day...after doing this for all of 2015, on January 1st 2016 I deposited $2300 into my savings from money I wasn't even really thinking about, crazy how fast it builds up....

2 weeks ago I started again for 2016 and already got $220 saved...it takes discipline but it's fun to see it grow. I still put away $200 a paycheck, this is just a hobby...learning to save is a good habit.

The bolded is the key. Small amounts over a long period of time add up to some serious coin. Like I was saying in the IRA thread, TIME is and will always be ones most valuable ally in building wealth.

Good job on your discipline, breh.
 

benjamin

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The bolded is the key. Small amounts over a long period of time add up to some serious coin. Like I was saying in the IRA thread, TIME is and will always be ones most valuable ally in building wealth.

Good job on your discipline, breh.

Yessir
 
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